D-Mart operator IPO oversubscribed 77 times, issue closes today

Friday, March 10, 2017, 3:59 PM

Investors are applying aggressively to IPO of Avenue Supermarts, the operator of supermarket retail chain D-Mart. According to data available on the National Stock Exchange (NSE), the issue has been oversubscribed 77 times as of 2:45 pm on Friday, the closing day of the issue. It received bids worth for 343.54 crore shares against the total issue size of 4.43 crore shares.